IP STRATEGY FORMULATION
Matching inventory of IP assets to its strategic business objectives.
The objectives include:
Products.
Markets.
Return on investment.
BENEFITS
Building value in IP asset creation (novel business opportunities).
Building value of existing IP assets (business expansion).
Reducing costs of third-party IP claims.
Creating additional revenue through licensing.
Building value in corporate transactions.
Reducing costs of unused IP assets.
Receiving tax deductions for IP asset donations.
Reducing new product development costs (product clearance).
Evaluating the IP assets of an acquisition or investment target (due diligence).